Housing Vouchers Fairness Act

The Housing Vouchers Fairness Act (S 1203) directs the federal government to provide additional rental voucher funding annually to public housing agencies (PHAs) serving the fastest-growing U.S. areas. It targets PHAs managing housing assistance in regions with populations over 100,000 that ranked among the top 25 U.S. areas for population growth between 2012 and 2022. The bill authorizes $2 billion for fiscal year 2025 (and subsequent years until expended) to be distributed equitably based on each PHA’s population size, current voucher shortages relative to housing needs, and historical underfunding due to population growth. This funding aims to address gaps in housing affordability for tenants in high-growth communities by adjusting the existing voucher allocation formula.